StockNews.com Begins Coverage on Natural Health Trends (NASDAQ:NHTC)

StockNews.com began coverage on shares of Natural Health Trends (NASDAQ:NHTC) in a research note published on Sunday. The firm issued a buy rating on the stock.

Natural Health Trends Price Performance

NASDAQ:NHTC opened at $6.75 on Friday. Natural Health Trends has a fifty-two week low of $5.21 and a fifty-two week high of $7.40. The stock has a market capitalization of $77.76 million, a PE ratio of 136.83 and a beta of 0.91. The business’s 50-day simple moving average is $6.96 and its 200-day simple moving average is $6.79.

Natural Health Trends (NASDAQ:NHTC) last released its earnings results on Wednesday, July 31st. The company reported $0.02 EPS for the quarter. The firm had revenue of $10.48 million for the quarter. Natural Health Trends had a return on equity of 2.21% and a net margin of 2.07%.

Natural Health Trends Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 23rd. Investors of record on Tuesday, August 13th were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 11.85%. The ex-dividend date was Tuesday, August 13th. Natural Health Trends’s payout ratio is presently 1,600.32%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. PSI Advisors LLC acquired a new position in Natural Health Trends in the 2nd quarter valued at $29,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its holdings in Natural Health Trends by 37.6% in the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 19,600 shares of the company’s stock valued at $139,000 after buying an additional 5,359 shares in the last quarter. Finally, Hartline Investment Corp acquired a new position in Natural Health Trends in the 1st quarter valued at $95,000. 10.13% of the stock is owned by institutional investors and hedge funds.

Natural Health Trends Company Profile

Natural Health Trends Corp., a direct-selling and e-commerce company, provides personal care, wellness, and lifestyle products under the NHT Global brand. The company offers wellness products, including liquid, encapsulated, tableted and powder dietary and nutritional supplements, vitamins, and minerals; and herbal products comprising herbal supplements.